Kaylo Corporation acquires Lotty Inc., paying the following: $$25$ million in cash, new stock with a fair value of $$70$ million and par value of $$1$ million, stock registration fees of $$2$ million, and acquisition$-$related advisory and legal fees of $$8$ million.

The total acquisition cost is

Select one:

a$.$

$$95$ million

b$.$

$$94$ million

c$.$

$$97$ million

d$.$

$$105$ million